Will MTAR Tech, HAL, other defence stks deliver solid returns? Analysts weigh in
Defence stocks are currently soaring, largely fueled by progressive government reforms aimed at strengthening the sector. Analysts maintain a positive outlook on future growth, bolstered by the Defence Ministry’s list that encourages domestic procurement. Although valuations may seem elevated, market corrections present prime opportunities for investors. As India aspires to lead in global defence technology, […]
Urban Company shares surge 7% to 11-month high, rally 16% in 2 sessions. Here are 2 reasons why
Urban Company shares rallied on Monday, after a bullish brokerage call and a legal development involving Kent RO. Kent RO has agreed to remove advertisements and social media content that allegedly made false and misleading claims about Urban Company’s Native water purifiers. The stock hit its highest level in nearly 11 months.
Fascinate Textiles shares list at 20% discount to issue price of Rs 151 on NSE SME platform
Fascinate Textiles shares made a weak NSE SME debut on August 24, listing at a 20% discount to the IPO price despite the issue being subscribed 1.48 times. The company reported strong FY26 revenue and profit growth.
Sugar stocks Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 11%. Here are 2 triggers
Sugar stocks rose sharply on Monday as domestic sugar prices climbed above Rs 50 per kg amid tight inventories and supply concerns. Festive demand, adverse weather in key producing regions and Brazil’s shift towards ethanol are adding to worries over availability. The government has also tightened stockholding limits to curb hoarding.
Hexaware Technologies shares rally 5%; Motilal Oswal reiterates buy with target price of Rs 720
Hexaware Technologies shares rose on Monday after Motilal Oswal reiterated its Buy rating with a Rs 720 target, implying 35% upside. The brokerage highlighted the company’s AI strategy, including Zero License and token-based pricing models, while expecting delayed deal ramp-ups and AI-led opportunities to support stronger growth in CY27.
Lalithaa Jewellery Mart shares surge 36% from IPO price after strong market debut. Should you buy, sell or hold?
Lalithaa Jewellery Mart shares surged after debuting at a 32% premium to the IPO price, reaching over 36% gains. Strong subscription, attractive valuations versus peers and expansion plans have supported investor optimism. Analysts, however, caution about gold-price volatility, working-capital intensity, inventory management and consumer demand while offering mixed hold or profit-booking strategies.
Vishal Mega Mart shares soar 10% after CEO reappointment. Here’s why Morgan Stanley sees 41% upside
Vishal Mega Mart surged after the company reappointed Gunender Kapur as Founder, MD & CEO for a five-year term through August 2031. Morgan Stanley retained its ‘Overweight’ rating, saying the move eases succession concerns and provides continuity to the retailer’s growth strategy, while maintaining a Rs 146 target price, implying over 41% upside from the […]
Negative Breakout: These 7 stocks cross below their 200 DMAs
200 DMA: Rs 1429.84| LTP: Rs 1406.3
Nifty’s rally hinges on a break above the key 24,350–24,400 resistance zone
Nifty is currently oscillating within a wide trading range, necessitating a breakout to gain notable momentum. Analysts are providing tailored strategies for traders facing this market scenario. Recommended tactics include purchasing Nifty futures with protective hedges and implementing a buy-on-dips strategy for Bank Nifty. A selection of high-potential stocks is presented, focusing on distinct entry […]
Oil Price Today (August 24): Crude oil slips below $93 ahead of US sanctions announcement on Iran. What are experts saying?
US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impose “the toughest sanctions in history” on Iran. US President Donald Trump has also threatened sanctions against countries trading with Iran.